Angel Studios (ANGX) Shares Outstanding (2021 - 2026)
Angel Studios (ANGX) recorded Shares Outstanding of 184.24 million in Q2 2026, up 23.3% from 149.43 million a year earlier and up 8.8% from the prior quarter.
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Analysis
Angel Studios (ANGX) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Angel Studios reported Shares Outstanding of 155.25 million, up 12.5% from FY2024.
- Annual Shares Outstanding has increased for four straight years, with a four-year compound annual growth rate of 104.2% (FY2021 to FY2025).
- Across earlier years, Shares Outstanding came in at 137.99 million in FY2024 (+4.1%), 132.56 million in FY2023 (+476.4%), 23 million in FY2022 (+157.3%) and 8.94 million in FY2021.
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q4 2021.
- On a year-over-year basis, Shares Outstanding has increased for four consecutive quarters, with growth averaging 147.1% over the last six quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 813.4% in Q3 2024, against a decline of 93.8% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 169.38 million (Q1 2026), 155.25 million (Q4 2025) and 156.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 181.20 Bn | 165.77 Bn | 11.57 Bn | 1.74 Bn |
| 2 | Warner Music | 14.44 Bn | 11.93 Bn | 854.00 Mn | 375.38 Mn |
| 3 | Lionsgate Studios | 3.33 Bn | 2.29 Bn | - | 291.60 Mn |
| 4 | Angel Studios | 860.38 Mn | 665.88 Mn | 59.96 Mn | 184.24 Mn |
| 5 | Reservoir Media | 625.02 Mn | 537.33 Mn | 26.69 Mn | 65.75 Mn |
| 6 | Kartoon Studios | 36.70 Mn | 19.57 Mn | - | 66.16 Mn |
| 7 | American Picture House | 6.83 Mn | 6.83 Mn | - | 113.56 Mn |
| 8 | Nexus Advanced Technologies | 2.08 Mn | -16.54 Mn | - | 2.05 Mn |
| 9 | AI Era | 580,168.11 | -70,064.89 | - | 5.46 Mn |
| 10 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 5.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 184.24 Mn |
| Mar 31, 2026 | 169.38 Mn |
| Dec 31, 2025 | 155.25 Mn |
| Sep 30, 2025 | 156.80 Mn |
| Jun 30, 2025 | 149.43 Mn |
| Mar 31, 2025 | 145.62 Mn |
| Dec 31, 2024 | 137.99 Mn |
| Sep 30, 2024 | 138.82 Mn |
| Jun 30, 2024 | 1.16 Mn |
| Mar 31, 2024 | 3.59 Mn |
| Dec 31, 2023 | 132.56 Mn |
| Sep 30, 2023 | 15.20 Mn |
| Jun 30, 2023 | 18.65 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 31, 2022 | 23.00 Mn |
| Sep 30, 2022 | 46.00 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 115.00 Mn |
| Dec 31, 2021 | 8.94 Mn |
API Access
Angel Studios Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ANGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "ANGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ANGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();